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The Dow Held Steady, Bitcoin Fell—and What Else Happened in the Stock Market Today

·5 min read
The Dow Held Steady, Bitcoin Fell—and What Else Happened in the Stock Market Today

The stock market staged a turnaround this week after experiencing the worst day in months, as fears related to China Evergrande Group faded and the Federal Reserve gave no indication that it will reduce economic support faster than expected. The S&P 500 rose 3.4% from its Monday low, the worst point of the index’s larger pullback. On Monday, the S&P 500 posted its biggest point and percentage point decline since May 12.